Crowley Orders Hovercraft from Kvichak

Wednesday, February 12, 2003

Griffon Hovercraft Ltd. of Southampton, U.K. has licensed Kvichak Marine Industries of Seattle, Wash. to manufacture its range of diesel engine-powered amphibious hovercraft. Through its licensing agreement with Kvichak Marine and its exclusive sales agent in the U.S., Griffon Hovercraft-USA, Griffon Hovercraft Ltd. is able to improve access to the U.S. market for domestic build requirement projects, and Kvichak Marine in turn gains access to the largest range of hovercraft available in the world to manufacture - possibly in the world's largest market. The first order for a Kvichak-built Griffon hovercraft has already been confirmed and building has commenced. Crowley Marine Services has placed an order for a 20-seat Griffon 2000TD to be operated on the North Slope of Alaska for British Petroleum (BP).

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